public pension funds

Pay-to-play laws, which now exist at the federal, state, and local levels, generally restrict or require disclosure of political contributions by firms seeking to do business with the government.  Hedge funds, private equity funds, and asset management firms are particularly sensitive to such restrictions because of their reliance on investments
Continue Reading New Frontiers for Pay-to-Play Laws in the Next Election Cycle

More investment firms are adopting policies to address compliance with the SEC pay-to-play rule, according to a recent survey conducted by the Investment Adviser Association, the ACA Compliance Group, and Old Mutual Asset Management.  The survey of 555 firms found that 43% of firms reported adopting pay-to-play policies as
Continue Reading Survey Says … SEC Pay-to-Play Policies Are on the Rise